Wal-Mart (WMT) PT, Estimates Raised at Nomura on Strong Quarter
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Cowen Raises Price Target on Wal-Mart (WMT) Following a Positive 1Q
May 19, 2016 3:44 PM EDTCowen reiterated a Market Perform rating on Wal-Mart (NYSE: WMT), and raised the price target to $70.00 (from $64.00), following the company's 1Q earnings report. Walmart posted US comps of +1.0%, above the Street's +0.5% estimate and management.'s guidance of +0.5%. Management. noted in the pre-recorded... More
Wal-mart (WMT) Tops Q1 EPS by 10c; Guides Q2 EPS
May 19, 2016 7:04 AM EDTWal-mart (NYSE: WMT) reported Q1 EPS of $0.98, $0.10 better than the analyst estimate of $0.88. Revenue for the quarter came in at $115.9 billion versus the consensus estimate of $113.22 billion.
Walmart U.S. delivered positive comp sales for the seventh consecutive quarter, up 1.0%, driven by the sixth... More
